Launching an economic pitch expected to anchor his fall presidential campaign, Democratic candidate Joe Biden is proposing sweeping new uses of the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms.
“This will be the largest mobilization of public investments in procurement, infrastructure and since World War II,” senior adviser Jake Sullivan told The Associated Press, with the campaign promising additionally that Biden would require that effort in domestic markets before negotiating any new international trade deals.
Biden will continue in coming weeks with an energy plan to combat the climate crisis and a third package on what the campaign has dubbed the “caring economy,” with a focus on making child care and elder care more affordable and less of an impediment to working-age Americans.
Republicans nonetheless have made clear they will attack Biden on trade and the economy, framing the Democratic establishment figure as a tool of the far left on taxes and a willing participant in decades of trade policy that gutted American workers. Trump also has lampooned Biden as “weak on China.”
The campaign’s outline ahead of Thursday emphasizes that Biden wants a resurgence in U.S. markets before engaging in new trade deals abroad. That includes joining the Trans-Pacific Partnership that Biden advocated when he served as President Barack Obama’s vice president. Trump opposed TPP as a 2016 candidate. China is not a TPP member.
I feel like he ripped that off from somewhere but I can’t put my finger on it.
A man with a plan? That’ll be a nice change!
Right. He's a globalist and always has been. He'll say buy American until he gets elected and then it'll never come up again
He’s coping President Trump’s buy american hire american. Lol. .JoeBiden
WeekendInvestng PMOIndia SandeepParekh thesanjaydutt We need to explore the possibility of XXX Billion $ Campaign 'Be Indian, Buy Indian, Reject Made in China'.
Democrat’s won’t like that
So businesses will be forced to buy American but the government can use its judgement whether or not to buy American goods or not? 🤔
BIDEN IS REPEATING EVERYTHING PRESIDENT TRUMP HAS BEEN SAYING AND DOING. GO PRESIDENT TRUMP.
DIDN'T SEE THIS WITH OBAMA.
I feel like he ripped that off from somewhere but I can’t put my finger on it.
Just remember before you read all the fake promises from joe...
lol, politician's new strategy, just print money until it's worthless
$700 billion sounds nice but Americans need universal healthcare and affordable housing, electricity, internet, healthcare, medicine, car 🚘 insurance, and college. Americans need affordable and adequate homes for $250 to $500 per month.
😂 such a new campaign
Like I said in November our choices are white supremist vs the side that wants government dependence
He is useless like his policies. No need to bother
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